Price for Acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esters in Hong Kong SAR - 2023
Contents:
- Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Hong Kong SAR (CIF) - 2022
- Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Hong Kong SAR (FOB) - 2022
- Imports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Hong Kong SAR
- Exports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Hong Kong SAR
Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Hong Kong SAR (CIF) - 2022
The average import price for acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses stood at $10,730 per ton in 2022, growing by 49% against the previous year. Overall, the import price showed a slight increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by 51% against the previous year. Over the period under review, average import prices reached the peak figure at $31,740 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($76,718 per ton), while the price for China amounted to $6,801 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses amounted to $12,804 per ton, dropping by -26.8% against the previous year. In general, the export price, however, saw a temperate increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 53%. The export price peaked at $30,608 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +2.9% per year.
Imports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Hong Kong SAR
Imports of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses into Hong Kong SAR dropped markedly to 3.9 tons in 2022, falling by -42.1% against the year before. Over the period under review, imports saw a dramatic shrinkage. The growth pace was the most rapid in 2021 with an increase of 304%.
In value terms, imports of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses contracted to $42K in 2022. Overall, imports faced a precipitous contraction. The most prominent rate of growth was recorded in 2021 with an increase of 254%.
| Import of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | 11.1 | 45.5 | 25.1 | 50.4% |
| Italy | N/A | N/A | 3.3 | 16.9 | 412.1% |
| Japan | 508 | 2.7 | N/A | N/A | -99.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 508 | 13.8 | 48.8 | 42.0 | -56.4% |
Top Suppliers of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters to Hong Kong SAR in 2022:
- China (3.7 tons)
- Italy (0.2 tons)
Exports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Hong Kong SAR
In 2022, exports of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses from Hong Kong SAR soared to 2.3 tons, rising by 230% on the previous year's figure. Over the period under review, exports, however, continue to indicate a precipitous decline.
In value terms, exports of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses surged to $29K in 2022. In general, exports, however, saw a significant curtailment.
| Export of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 403 | 10.7 | 7.7 | 29.4 | -58.2% |
| Others | N/A | N/A | 4.5 | N/A | 0% |
| Total | 403 | 10.7 | 12.2 | 29.4 | -58.2% |
Top Export Markets for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters from Hong Kong SAR in 2022:
- China (2.3 tons)
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